Companys suta tax rates based on its experience ratings are

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Company's SUTA tax rates based on its experience ratings are 3.2% in Louisiana and 3.8% in Florida. The taxable wage limits are $7,700 in Louisiana and $8,000 in Florida. This year, Steelman Press Company paid Ken Sherm wages of $14,190; $4,950 were paid in Louisiana and the remainder in Florida. Compute the following; round your answers to the nearest cent. a. Amount of SUTA tax the company must pay to Louisiana on Sherm's wages $ b. Amount of SUTA tax the company must pay to Florida on Sherm's wages $ c. Amount of the net FUTA tax on Sherm's wages (Florida is a credit reduction state-0.6%.) $

Reference no: EM13485803

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